Search found 312 matches

by ny_rn
Sun Mar 19, 2017 9:03 pm
Forum: Investing - Help with Personal Investments
Topic: Am I Addicted [to contribute to my taxable account]
Replies: 57
Views: 6051

Re: Am I Addicted [to contribute to my taxable account]

"Does anyone else find themselves constantly contributing to their taxable account? Besides my 403(b) and Roth IRA, I contribute all "spare" money to my taxable account (total stock market - vtsax). For example - I found $10 on the floor and sent it directly to vanguard." Why &q...
by ny_rn
Sat Mar 18, 2017 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Am I Addicted [to contribute to my taxable account]
Replies: 57
Views: 6051

Am I Addicted [to contribute to my taxable account]

Does anyone else find themselves constantly contributing to their taxable account? Besides my 403(b) and Roth IRA, I contribute all "spare" money to my taxable account (total stock market - vtsax). For example - I found $10 on the floor and sent it directly to vanguard. Am I addicted? Anyo...
by ny_rn
Fri Mar 17, 2017 4:44 pm
Forum: Local Chapters and Bogleheads Community
Topic: Online group meetings via web conference? [Virtual online chapter]
Replies: 31
Views: 2264

Re: Virtual boglehead meeting?

Great idea. If funds are needed to host this monthly, I'm sure we can all chip in a few dollars to cover costs. We can use our "fun money." :D
by ny_rn
Wed Mar 08, 2017 2:35 am
Forum: Investing - Help with Personal Investments
Topic: 5k-10k to invest. What should I do?
Replies: 6
Views: 683

Re: 5k-10k to invest. What should I do?

Fishing50 wrote:Buy a low cost, total stock market index fund and hold it forever.


+1. Lump sum it or DCA it over time.
by ny_rn
Thu Feb 23, 2017 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: Thank You
Replies: 9
Views: 1211

Re: Thank You

A lot of this information you have to seek out (at least take a little initiative). Otherwise you're not going to know about retirement planning options from day to day life. This definitely applied to me. Money wasn't tight, but I definitely lived for the present. For example - expensive dinners, ...
by ny_rn
Thu Feb 23, 2017 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Thank You
Replies: 9
Views: 1211

Re: Thank You

Great testimonial! I think many people have "no knowledge of a Roth IRA." Can you shed light on why you had no knowledge? I'm asking because I think that should be the main way that lower income people save for retirement, but I suspect they have no knowledge of a Roth IRA either. Is is b...
by ny_rn
Thu Feb 23, 2017 10:55 am
Forum: Investing - Help with Personal Investments
Topic: Thank You
Replies: 9
Views: 1211

Thank You

My portfolio finally hit the $100,000 milestone. I remember not too long ago I didn't contribute to my 403(b) and had no knowledge of a Roth IRA or taxable account. Now, I contribute the maximum to my 403(b) and Roth IRA, while pushing all extra cash to a taxable account. It's amazing how fast the n...
by ny_rn
Sat Feb 18, 2017 8:58 am
Forum: Personal Finance (Not Investing)
Topic: "With $15 Left in the Bank, a Baby Boomer Makes Peace With Less" -- A cautionary tale
Replies: 37
Views: 4678

Re: "With $15 Left in the Bank, a Baby Boomer Makes Peace With Less" -- A cautionary tale

This story reminds me of why I started what I call my personal "latte contribution schedule." For this exact reason, I set up a automatic contribution ($40) into my taxable account (100% vtsax) on a weekly basis. I love coffee, but I "try" to make my own or buy $1 coffee from a b...
by ny_rn
Wed Feb 15, 2017 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Small
Replies: 14
Views: 1133

Re: Investing Small

Short answer. Start a Roth IRA and contribute the maximum if this applies to you. Contribute money as it becomes available.

Personally, I contribute anywhere from $10-$500 (monthly) until my Roth IRA (held at Vanguard) is maxed out. I pay $0 in transaction fees.
by ny_rn
Tue Jan 24, 2017 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford to stop working overtime?
Replies: 56
Views: 4526

Re: Can I afford to stop working overtime?

I am a single male with no children. I work overtime like a crazy person, and I'm beginning to cut back. Why? To enjoy friends and family more. I believe you answered your own question. In my opinion, nothing else in your initial post matters except, "I think the kids need me around at home a l...
by ny_rn
Thu Jan 19, 2017 11:07 pm
Forum: Personal Finance (Not Investing)
Topic: Best Financial Moves You've Made
Replies: 141
Views: 17027

Re: Best Financial Moves You've Made

Creating multiple income streams and not relying on my full-time job.
by ny_rn
Thu Jan 19, 2017 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Which Bond Fund
Replies: 18
Views: 1903

Re: Which Bond Fund

It appears that "the enemy of a good plan is the dream of a perfect plan" applies here. Thank you all for the input. Very interesting perspectives.
by ny_rn
Wed Jan 18, 2017 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Which Bond Fund
Replies: 18
Views: 1903

Re: Which Bond Fund

I assume the best place for bonds are in my 403(b) due to tax-inefficiency. Also, I have zero use for this money until I retire which is ~ 30-35-years from now. The best place for your bonds (all things being equal) is in a tax-advantaged account, yes, but not necessarily the 403b. I'm assuming you...
by ny_rn
Mon Jan 16, 2017 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Which Bond Fund
Replies: 18
Views: 1903

Re: Which Bond Fund

I should mention that I am still able to "sleep at night" with no bond fund at this point. I'm sure that will change as the value increases.
by ny_rn
Mon Jan 16, 2017 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Which Bond Fund
Replies: 18
Views: 1903

Re: Which Bond Fund

ignition wrote:If your investment horizon is 30-35 years, why bother with 10% bonds? Especially in the current low interest rate environment I don't really see the use for it.


Good point.
by ny_rn
Mon Jan 16, 2017 8:03 am
Forum: Investing - Help with Personal Investments
Topic: Which Bond Fund
Replies: 18
Views: 1903

Which Bond Fund

I am looking to add bonds (~10%) to my portfolio in the near future, because it has entered the low six-figures. I am 100% US equities at this point and have no interest in investing in international funds. With that being said, I have the following bond options available in my 403(b): PIMCO Total R...
by ny_rn
Tue Jan 10, 2017 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: How often do you make contributions to your portfolio?
Replies: 15
Views: 1066

Re: How often do you make contributions to your portfolio?

- 403(b) - every paycheck until it is maxed out
- Roth IRA - throughout the year until it is maxed out
- Taxable - 1st of every month, surplus and unexpected cash
by ny_rn
Sun Jan 08, 2017 4:17 am
Forum: Personal Finance (Not Investing)
Topic: Relocation to the Dallas, TX Area
Replies: 32
Views: 3041

Re: Relocation to the Dallas, TX Area

Look at Little Elm, TX. It's approximately 15-min. away from Plano, TX with excellent homes.
by ny_rn
Sat Jan 07, 2017 10:46 pm
Forum: Investing - Help with Personal Investments
Topic: Factoring Pension
Replies: 13
Views: 1517

Factoring Pension

I'm a 32-year old single male living in New York with $0 debt. I currently hold 100% US equities between a 403(b), Roth IRA and taxable account. At some point I will add bonds, but I am having trouble factoring in my pension. I will be 100% vested in a pension by the end of 2017 which I will be able...
by ny_rn
Mon Dec 26, 2016 6:26 am
Forum: Personal Consumer Issues
Topic: How to get rid of your belly........
Replies: 82
Views: 10331

Re: How to get rid of your belly........

Exercise, diet and consistency.
by ny_rn
Tue Dec 20, 2016 12:22 am
Forum: Personal Finance (Not Investing)
Topic: 5K Saving per month - Best way to maximize?
Replies: 7
Views: 1529

Re: 5K Saving per month - Best way to maximize?

If you save $5,000 per month for three years you will have $180,000. I assume you plan to spend it within the next 3-5 years for a ~$1mm home. Stick with a savings account or certificate of deposit.

I'm curious. Why the $1mm+ home?
by ny_rn
Mon Dec 19, 2016 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Best place to park 43k
Replies: 12
Views: 1887

Re: Best place to park 43k

2tall4economy wrote:Seems like you're desperate to spend money when you don't have steady employment and neither does she. I'd say rent for a year minimum. Don't be in a rush. What if your wife loses her job? You be out the $43k


My thoughts exactly. Rent until you are ready - financially.
by ny_rn
Mon Dec 19, 2016 8:39 pm
Forum: Personal Consumer Issues
Topic: Coach bag for wife - how to buy
Replies: 73
Views: 5471

Re: Coach bag for wife - how to buy

Get the bag and be glad she does not want Chloe, Louis Vuitton, Hermes, etc.

I do not know your financial situation, but I'm guessing you can afford it with no problem. If needed, pull from your emergency fund. :moneybag

In all seriousness, make her happy and get the bag.
by ny_rn
Sun Dec 18, 2016 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: SVSPX, -6.83% on Friday?
Replies: 15
Views: 1968

Re: SVSPX, -6.83% on Friday?

100% of my 403(b) is invested in SVSPX. I guess I shouldn't look at my account. I'll peek at it when I leave my current place of employment. :beer
by ny_rn
Sun Dec 11, 2016 4:54 pm
Forum: Investing - Theory, News & General
Topic: A question for newbie Bogleheads
Replies: 22
Views: 1881

Re: A question for newbie Bogleheads

"Don't look for the needle. Buy the haystack." - John Bogle
by ny_rn
Sun Dec 11, 2016 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Young Professional's Investment Plan for 2017
Replies: 15
Views: 1986

Re: Young Professional's Investment Plan for 2017

I am trying to save as much for retirement as possible. My dad has suggested that I should max both my 401K and Roth but I'm not 100% sure I can do that at the moment. Instead of "saving" for retirement, I suggest increasing your income. Career advancement, starting a business, etc. There...
by ny_rn
Sun Dec 11, 2016 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: Young Professional's Investment Plan for 2017
Replies: 15
Views: 1986

Re: Young Professional's Investment Plan for 2017

I'm curious. Why are you moving out? Can you stay a little longer, put aside the money you would pay for rent if you were on your own and save more?
by ny_rn
Wed Dec 07, 2016 12:47 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund Placement
Replies: 10
Views: 753

Re: Emergency Fund Placement

Keep it simple. Leave it in the online savings account.
by ny_rn
Tue Nov 29, 2016 9:27 am
Forum: Personal Consumer Issues
Topic: Gift To Self
Replies: 70
Views: 8305

Gift To Self

Christmas is around the corner. Anyone purchasing a gift for themselves? I rarely buy things for myself, but I have to admit I love getting myself a little something at the end of the year. So, let's hear it. I'll start... - $500 contribution to taxable account (total stock - vtsax) - Garmin GPS wat...
by ny_rn
Mon Nov 21, 2016 4:26 am
Forum: Personal Consumer Issues
Topic: cheap hotels in NYC
Replies: 35
Views: 2851

Re: cheap hotels in NYC

by ny_rn
Tue Nov 15, 2016 9:30 pm
Forum: Investing - Theory, News & General
Topic: Total Stock vs Total Bond
Replies: 19
Views: 1819

Re: Total Stock vs Total Bond

$17,500 - TSM

$2,500 - Nice vacation.

Better than trying to pick the next hot stock, right?

Then, go on about my life. :beer
by ny_rn
Sat Oct 29, 2016 6:00 am
Forum: Personal Consumer Issues
Topic: Valuation of Commercial Property
Replies: 11
Views: 934

Re: Valuation of Commercial Property

Part of value is what could happen on the property and what, if any, demand there is for those uses. I would start with calling the local planning office and getting a copy of the zoning with the uses allowed and dimensional standards for the property to understand the range of possibilities for th...
by ny_rn
Sat Oct 29, 2016 5:58 am
Forum: Personal Consumer Issues
Topic: Valuation of Commercial Property
Replies: 11
Views: 934

Re: Valuation of Commercial Property

Years ago, my late father-in-law had a similar business and house (rented out) situation and when he retired, sold the property. In order to sell (and get a decent sale price) he took back a mortgage on the property. It ended up working out fine. Can the house and business be separated? In a sale, ...
by ny_rn
Fri Oct 28, 2016 7:12 am
Forum: Personal Consumer Issues
Topic: Valuation of Commercial Property
Replies: 11
Views: 934

Valuation of Commercial Property

I have zero experience with residential and commercial real estate. I am in the process of finding the estimate value of a commercial property my father owns and is fully paid off. On the property sits two structures (home and small take-out restaurant). No one lives in the home and he no longer wan...
by ny_rn
Sat Oct 22, 2016 3:03 am
Forum: Investing - Help with Personal Investments
Topic: 403(b) Contribution Limit
Replies: 10
Views: 968

Re: 403(b) Contribution Limit

orca91 wrote:Is any of the $18,600 from your employer in the form of matching contributions?


There is no match.
by ny_rn
Thu Oct 20, 2016 6:20 am
Forum: Investing - Help with Personal Investments
Topic: 403(b) Contribution Limit
Replies: 10
Views: 968

403(b) Contribution Limit

I recently contributed the maximum amount of pre-tax dollars to my 403(b) in the amount of $18,600 for 2016. To my understanding, the 2016 contribution limit is $18,500. How is it possible for my employer to over contribute to this plan? Also, are there any penalties for the extra $100?

Thanks.
by ny_rn
Wed Aug 24, 2016 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: NYC Living Options
Replies: 37
Views: 3103

Re: NYC Living Options

Hey everyone, As I mentioned in another thread, I should be finally starting my dream job shortly. This will require me to move to the NYC area where I will need easy access to all 3 airports, LaGuardia, Kennedy, and sometimes Newark. I've always wanted to live in NYC but could never justify it. No...
by ny_rn
Wed Aug 17, 2016 12:56 am
Forum: Investing - Help with Personal Investments
Topic: Monthly Deposits in Taxable Account
Replies: 5
Views: 1085

Re: Monthly Deposits in Taxable Account

My monthly contributions into my taxable account (vanguard total stock market) is automatic. I also "throw" money into that account when I have it.
by ny_rn
Sat Aug 06, 2016 11:17 am
Forum: Personal Consumer Issues
Topic: Solo Travel
Replies: 40
Views: 4099

Re: Solo Travel

lgs88 wrote:Doing the daily run before the daily beer will make both the run and the beer more enjoyable!

Enjoy your trip.


Thanks! :beer
by ny_rn
Sat Aug 06, 2016 11:11 am
Forum: Personal Consumer Issues
Topic: Solo Travel
Replies: 40
Views: 4099

Solo Travel

I will be traveling to Tulum, Mexico by myself for 3-days. This will be my first solo trip (going through relationship problems) and I'm looking forward to just getting away. I am looking for tips from others that have enjoyed traveling alone. My plans so far: - Running (3-6 mi. per day) - Explore l...
by ny_rn
Tue May 17, 2016 7:59 am
Forum: Investing - Theory, News & General
Topic: For those of you in the Accumulation Phase - How often do you check?
Replies: 62
Views: 5883

Re: For those of you in the Accumulation Phase - How often do you check?

I'm 100% in the Total Stock Market Index Fund so I don't re balance. I check my account every time I make a buy to make sure that it went through. I dca monthly. I'm more interested in the number of shares & dividends than price per share. In my mind it's all about the number of shares. I'm in ...
by ny_rn
Wed May 04, 2016 1:23 pm
Forum: Investing - Theory, News & General
Topic: How many funds in your portfolio?
Replies: 99
Views: 8471

Re: How many funds in your portfolio?

Two.

403(b)
(‪SVSPX) SSgA S&P 500 Index Fund – Class N

Roth IRA
(‪VTSAX) Vanguard Total Stock Market Index Fund Admiral Shares

Taxable
(‪VTSAX) Vanguard Total Stock Market Index Fund Admiral Shares
by ny_rn
Sat Apr 16, 2016 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Refund (Where Did It Go)
Replies: 21
Views: 1676

Tax Refund (Where Did It Go)

For those who received a tax refund, where did it go? Or, what do you plan on doing with it?

Personally, I might purchase a plane ticket for a quick weekend getaway from New York and contribute the rest to my taxable account (Vanguard Total Stock Market).

So, what about you?
by ny_rn
Sat Apr 02, 2016 3:51 am
Forum: Investing - Help with Personal Investments
Topic: index fund portfolio (Betterment) vs hard money lending (Realtyshares)
Replies: 7
Views: 694

Re: index fund portfolio (Betterment) vs hard money lending (Realtyshares)

If you can save $5,000 monthly, do it and do not think about it.

Create a three fund portfolio: viewtopic.php?f=10&t=88005

Tell us about your current accounts. For example - 401(k), Roth IRA, etc.
by ny_rn
Sat Mar 26, 2016 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Can three funds replicate the US Total Stock Market?
Replies: 4
Views: 452

Re: Can three funds replicate the US Total Stock Market?

Within my 403(b) I allocate 100% of my contributions to one fund to replicate Vanguard Total Stock Market, and that's a regular S&P 500 index fund. Why? Because, it's simple. I have mid cap and small cap funds available, but that complicates things a little more.
by ny_rn
Fri Mar 18, 2016 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: Millionaire Next Door and Budgeting
Replies: 81
Views: 10165

Re: Millionaire Next Door and Budgeting

OP, I don't budget. I do "Pay Yourself First". I auto-deduct / deposit my paycheck to Trad. 401K, Roth IRA, Vanguard Taxable account, and my bank checking account. I spend money from my bank checking account. When my bank account money run low, I spend less. When you decide how much that ...
by ny_rn
Thu Mar 17, 2016 6:37 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Healthcare Fund
Replies: 9
Views: 1606

Re: Vanguard Healthcare Fund

No one really knows.
by ny_rn
Wed Mar 16, 2016 4:20 pm
Forum: Local Chapters and Bogleheads Community
Topic: I love this forum
Replies: 16
Views: 2849

Re: I love this forum

People are so gracious with their time. I'm just a newbie and only 29 so I'm just getting interested in making sure my investments are sound. I'm learning tons and constantly checking this site to learn more. Just wanted to say thank you to all who have helped and are willing to help! Just don't be...
by ny_rn
Sun Mar 13, 2016 8:53 am
Forum: Investing - Theory, News & General
Topic: New Yorker: Is Passive Investing Actively Hurting the Economy?
Replies: 36
Views: 5753

Re: New Yorker: Is Passive Investing Actively Hurting the Economy?

2) The Goldman Sachs executive interviewed is (I think) the same one they had interviewed in the excellent NPR/Frontline documentary on the 401K problem in US (high fees in 401K plans) where he argued (on camera) against Bogle. What else do we expect him to say? Here is the video online: http://www...

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